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No hints? I’m sure anyone has alredy “written” the F4 CPE Global exam.
Are there completely “new” questions in the exam? Or are there some which represent exactly the questions in the Practice and Revision Kit (BPP)?
Thank you.
Are there no changes regarding the new books they are publishing in February now?
Because the “old” books say FA2014 und the new books say “FA2015″…
In my opinion it is clear…
The definition of “going concern” is
“the assumption that the company will survive for the next years”.
I hope there’s no doubt… otherwise just read about what going concern is in your books…
So… NOT a “going concern” is just the opposite.
“the assumption that the company will NOT survive for the next years”.
I, myself, am no native speaker… but is it really so difficult to understand?
Ok, thank you.
So there is no contact from my side to the ACCA? Only to the CBE center?Do I have to pay the “normal” ACCA exam fee?
Or only the special fee for writing at the CBE center?a@kolkleen said:
I can’t even remember that question but i don’t expect the first option to increase goodwill since Goodwill is the excess of the consideration transferred plus fair value of NCI over the fair value of net assets acquired. Goodwill should reduce. Anyways like I said I cant remember the question.If a subsidiary has not recognised an internally generated brand, this will decrease GW as the acquirer has to identify (FV) and recognise the assets. Everything which cannot be identified is GW.
Example:
– Cons. transferred: 100
– FV of Net assets (60)
– Brand which has not been recognised (10)–> The amount of 10 will decrease the GW (40 versus 30).
There was one MCQ about the effects on Goodwill.
I chose:
– the recognising of the internally generated brand, which has not been recognised with the subs., will decrease the GW.
– the recognising of the provision will increase GW.Correct?
What about the MCQ about revenue recognition?
There were two answers in which the transfer of ownership was in the next year (no revenue in this year!) and two answers in which the transfer of ownership was this year (revenue!).
The date of cash payment has no influence on the revenue recognition.Correct?
I had the same thoughts for the 3k in the reduction of the warranty provision.
But as the question was about die effect on p/l I wrote Credit 3k.
–> Old amount of prov.: 90
–> New amount of prov.: 87
–> Hence you credit 3k to p/l (by reducing the provision and therefore reducing the expense).
–> P/L will be higher by the amount of 3k.Mult choice:
– First three were Cs.Nummer 4 was b I think as the changing sales mix may alter the gross profit margin. For example when you sell more high profit margin products than expected and only few low profit margin products.
Number 5 was b.
The last was c.